Brent OilCrude OilTechnical AnalysisWTI Oil

WTI Moved Lower on Higher Than Expected Crude Inventories

02:30 PM GMT, United States – EIA Data:

  • Crude Oil Inventories: actual 0.515M; forecast 0.400M; previous 2.553M;
  • Crude Oil Imports: actual -2.044M; previous 0.360M;
  • EIA Refinery Crude Runs: actual -0.063M WoW; previous 0.069M WoW;
  • Cushing Crude Oil Inventories: actual -0.654M; previous 0.681M;
  • EIA Weekly Refinery Utilization Rates: actual -0.4% WoW; previous 0.7% WoW;
  • Gasoline Inventories: actual -1.958M; forecast -1.600M; previous -1.600M;
  • Heating Oil Stockpiles: actual 0.019M; previous -0.020M;
  • Gasoline Production: actual 0.466M; previous -0.338M;
  • EIA Weekly Distillates Stocks: actual -1.851M; forecast -1.200M; previous -3.544M;
  • Distillate Fuel Production: actual 0.030M; previous -0.019M;

Source: xStation5

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